NEW DELHI — The leaders of India and Cambodia on Saturday agreed to work towards a bilateral funding treaty that would see tens of hundreds of thousands of pour into the Southeast Asian nation.
The assembly between Cambodian Prime Minister Hun Sen and Indian Prime Minister Narendra Modi noticed Cambodia invite Indian funding in info expertise, prescribed drugs, agriculture and horticulture, infrastructure and small and medium enterprises.
A broader treaty will take time however India agreed to offer strains of credit score, together with almost $37 million to finance a Cambodian water undertaking. India additionally supplied strains of credit score for establishing specialty hospitals, increasing street, rail and digital connectivity and building of a high-powered electrical line.
A joint assertion mentioned Modi additionally supplied to coach Cambodian youth in info expertise.
The leaders held talks in New Delhi on the finish of a summit attended by 10 Southeast Asian leaders commemorating the 25th anniversary of ASEAN-India ties.
India is looking for to deepen bonds with Southeast Asia amid wariness over China’s rising affect within the area.
Modi additionally reaffirmed India’s dedication to undertake restoration and conservation work on the historic temple of Lord Shiva at Preah Vihear in Cambodia.
The 2 sides expressed satisfaction over the continued restoration work at Ta Prohm temple being carried out by the Archaeological Survey of India.
The Cambodian prime minister will conclude his go to to India on Sunday.